Worth a read. Blogs are still increasing, but not nearly as fast. Splogs are increasing faster than non-spam blogs. And postings are decreasing per blogita (my new word for per capita blog!)…

In summary:

-70 million weblogs
About 120,000 new weblogs each day, or…
-1.4 new blogs every second
-3000-7000 new splogs (fake, or spam blogs) created every day
-Peak of 11,000 splogs per day last December
-1.5 million posts per day, or…
-17 posts per second
-Growing from 35 to 75 million blogs took 320 days
-22 blogs among the top 100 blogs among the top 100 sources linked to in Q4 2006 – up from 12 in the prior quarter
-Japanese the #1 blogging language at 37%
-English second at 33%
-Chinese third at 8%
-Italian fourth at 3%
-Farsi a newcomer in the top 10 at 1%
-English the most even in postings around-the-clock
-Tracking 230 million posts with tags or categories
-35% of all February 2007 posts used tags
-2.5 million blogs posted at least one tagged post in February